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New Report Highlights Economic Impact of Military in North Carolina

Press Release

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Date:
Location: Raleigh, NC

The military supports 540,000 jobs, including 340,000 in the private sector, according to a new report released today by the N.C. Department of Commerce. The report also found the military boosts the state's personal income by more than $30 billion.

The study, released by the Labor & Economic Analysis Division, concludes the military accounts for nearly 10 percent of all economic activity in North Carolina.

"This report confirms the importance of supporting our bases and the North Carolina businesses that benefit from our significant military footprint," said Governor Pat McCrory. "We're committed to strengthening our partnership with the military and defense sectors because they create additional jobs for our state."

Professional and technical services, administrative and waste services and construction are the top three military-supported private industry sectors.

North Carolina has the third-largest military population in the United States. Nearly 110,000 active duty military personnel are assigned to units in North Carolina. However, more than 60,000 individuals are projected to leave the military over the next five years.

"North Carolina has a tremendous opportunity to grow our state's economy by helping military personnel find employment after their service ends," said Commerce Secretary Sharon Decker. "These men and women have the skills and character that are desirable to employers across the state."


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